NSF Checks

Chapter: General Ledger Activities >

5.3. NSF Checks

To view our NSF Check video tutorial, use the link below:

NSF Checks

“Recorded NSF Check” entries are for if you recorded the exact check number and name on check when you did your original receipt. “Not Recorded NSF Check” entries are done if you did not record the check number, or if you only entered a multiple check line on the receipt

Recorded” NSF Check

1.Go to Ledger > NSF Check

2.Type in the Check Number or the Name on the NSF Check

3.Select “Search” or hit the Enter key

4. Highlight the specific Payment you wish to enter as NSF

5. Choose Select

1. Enter the Date of the NSF Check.

*Note: This date should match the date that this NSF Check will show on your Bank Statement.

2. Enter your Memo

3. Enter the original Income Category this check was receipted into

4. If applicable enter the Bank Charge amount and expense category that you wish to post this charge to

5. Save your Entry

Once you “Save”, the amount of the original check, plus the bank fee (if any), will automatically be deducted from your ledger checking account and will also reflect in both the Income and Expense Categories you entered.

This NSF Check entry will also show in your Bank Reconciliation screen to be cleared.

Not Recorded NSF Checks

*Note: Do not enter the Check Number or Name on Check as this information was not recorded in myPTEZ.

1.Enter the Bank Account the check was originally deposited in to

2.Enter the date to reflect the bank statement or NSF notice date.

3.Enter a memo.

4.Enter the Check Amount and the original income category that the check was posted to

5.Enter bank charge if applicable and appropriate expense category to post the charge to

6. Select Save

*Note: You can still account for NSF checks with Balance Adjustments if you need to decrease multiple income categories.

To Review or Drop an NSF Check Entry already entered

You are not able to edit an NSF Check entry once it has been saved, however you are able to Drop the NSF Check entry and redo it if needed. Dropping an NSF Check entry will remove it from your reconciliation.

*Note: If the NSF Check entry has been reconciled your will not be able to Drop it.

1.Go to Ledger>NSF Checks

2.Select the Find or Previous/Next button in the lower left corner of the screen

3.If using Find, enter your search criteria

4. Select View

5. Once on the NSF Check select Drop

6. Redo the NSF Check entry if needed.